Our client is looking for a Strategic Sourcing Specialist to join their Cork team on a fulltime permanent contract. The successful candidate would be responsible for developing and executing optimal commodity & sourcing strategies. Establish & enhance Supplier relationships to drive sourcing & supplier initiatives to meet or exceed product quality, service & deliver sustainable cost reductions, while reducing or mitigating risk in the Supply Chain.
Key Roles & Responsibilities:
Develop and implement Category Strategies in applicable sourcing categories that results in a sustainable competitive advantage.
Manage strategic supplier relationships in line with the Category Strategy and understands the strategic differentiators for each supplier.
Promote and work towards balanced continuous (year-on-year) value improvement for all aspects of quality, service, and cost with assigned supply base. Manage supplier performance and identifies Value Improvement Program's to improve TCO accordingly.
Negotiate value improvements and manages optimal supplier contracts.
Assist in the Supplier Segmentation activities and develop capability roadmaps with Supplier Engineering and Category Management as part of the Category Strategy.
Interact with Site Operational Procurement Teams.
Own annual part cost/budget process for assigned suppliers & crisis/issue resolution. Promote early supplier involvement in New Product Development (for Strategic Suppliers) to achieve development performance goals, support project timelines, and manage product cost.
Gather Market Intelligence and analyze trends for your Category and Sub-Category (Raw Material cost fluctuations, Inflation impact, geopolitical challenges to Supply).
Guide respective internal leads through a holistic & systematic category approach to material & supplier selection and management.
Identify all suitable suppliers for your Category and region utilising RFX process & develop a comprehensive knowledge database for your suppliers.
Collaborate with Supplier Engineering to develop “Should-Cost Models” for major sub-categories.
Education & Experience:
Bachelor’s degree required.
Minimum of 5 years Strategic Procurement (Sourcing) and Supplier Relationship Management Experience in a manufacturing environment. Medical Device experience is an advantage.
For a confidential discussion and more information on the role, please contact Jessica Kennedy